FIRST NATIONAL BANK OF ROWLETT Failed 1990
What happened
FIRST NATIONAL BANK OF ROWLETT of ROWLETT, TX was closed on 1990-12-07. The FDIC was named receiver.
Resolution: Insured Deposit Transfer — insured deposits transferred to another bank
Deposits were transferred to U.S. TRUST COMPANY OF TEXAS (ROWLETT, TX). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 2955
- FDIC Certificate
- 24105
- FDIC FIN
- 4298
- Bank name
- FIRST NATIONAL BANK OF ROWLETT
- Location
- ROWLETT, TX
- Failure date
- 1990-12-07
- FDIC resolution date
- 1990-12-07
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Insured Deposit Transfer — insured deposits transferred to another bank
- FDIC DIF cost (est.)
- $7M
- Deposits at failure
- $21M
- Assets at failure
- $21M
- Acquiring bank
- U.S. TRUST COMPANY OF TEXAS (ROWLETT, TX)